New plans for LithiumBank’s Boardwalk and Park Place projects in Alberta
Over the next two quarters, the company will work on advancing and de-risking these projects.
Toronto, October 4, 2013 — Canada Lithium Corp. (“Canada Lithium” or the “Company”) (TSX: CLQ) (U.S. OTC: CLQMF) today announced that commissioning of its open-pit mine and processing plant near Val d’Or, Québec, is proceeding as per the revised schedule. Mining operations continued at a reduced level and approximately 100,000 tonnes of ore remain on stockpile at the crusher. The mining operation is scheduled to resume at the end of the month.
Crushing, grinding and concentrator circuits are fully operational and ramp-up to design capacity could be achieved quickly as the hydro-metallurgical commissioning advances. The kiln is operating at its design temperature of approximately 1,000 degrees and the kiln throughput is being systematically increased over 50%.
The commissioning of the hydro-metallurgical circuit is ongoing, including the sulphate, neutralisation, lithium carbonate and purification circuits. The previously planned upgrades to the carbon dioxide process have been completed and lithium carbonate product currently in the system will be processed through the new circuit. Through the commissioning phase, the Company continues to monitor working capital levels. Product shipments to Tewoo in China are scheduled to resume at the end of October.
Canada Lithium 3 month share price
